Archer receives drilling services contract extension in Argentina

  • Jun 10, 2021
  • Energy Global

The total estimated value of the contract extension, based on current activity level, is expected to be US$200 million, subject to actual activity level, services provided, and final contract terms which are to be negotiated.

Dag Skindlo, CEO of Archer, commented: “Pan American is a leading player in the oil and gas industry in Argentina and this contract extension reflects their confidence in Archer’s ability to deliver safe and cost-effective operations in Argentina.”

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